40 mill distribution on Gann retrace 16.8 trend ac, page-5

  1. 5,411 Posts.
    Hi Steven,

    Gann was a mathematician and numerologist,
    before he became a trader .......

    Gann numbers were derived from a Pythgorean
    relationship that exists between the sun and
    the moon and they are usually expressed as
    degrees of a circle (and beyond).

    Fibo numbers are a sequence of numbers that
    use the Golden Mean or Golden Section (1.618)
    to multiply the previous number in order to
    obtain the next number in the sequence.

    For example, the sequence runs ...

    .... 2 - 3 - 5 - 8 - 13 - 21 - 34 - 55 - 89
    - 144 - and so on ....

    Some of the Gann numbers and Fibo numbers do
    coincide or fall within 1 number/degree of
    each other.

    hope this helps some

    yogi


 
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